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Don't focus too much on a single day of trading, Jim Cramer told his Mad Money viewers Tuesday. There is still money to be made in this market, Cramer said, but it will be made over the long term.

Cramer blamed today's lackluster stock performance on the fact that no new money in coming into markets, leaving only the existing money to slosh around where there are few places to hide.

The drug and biotech sectors have seen breathtaking declines, Cramer noted, with faves including Gilead Sciences (GILD - Get Report) , Celgene (CELG - Get Report) and Regeneron (REGN - Get Report) all seeing big declines as investors fear a Democratic sweep in the elections that would give Hillary Clinton the ability to curb profits. It didn't help that medical device maker Illumina (ILMN - Get Report) saw a 24.8% decline as a result of earnings.

Then there are the industrial stocks, where Alcoa (AA - Get Report) , an Action Alerts PLUS holding, set the stage with a 11.4% loss on the day thanks to a slowdown in its business. That sent shares of Honeywell (HON - Get Report) , Eaton (ETN - Get Report) and countless others into free fall as well.

Cramer said he still likes the tech sector, including Facebook (FB - Get Report) , another AAP holding, (AMZN - Get Report) and Netflix (NFLX - Get Report) , but these stocks are likely to extend their losses before recovering. He told viewers to avoid the cyber security plays as well in the short term after Fortinet (FTNT - Get Report) disappointed with weaker than expected earnings.

Off the Charts

In the "Off the Charts" segment, Cramer checked in with colleague Robert Moreno over the charts of the market's former leaders, all of which have now become laggards.

Moreno examined a weekly chart of Walt Disney (DIS - Get Report) , noting that from October 2011 through October 2015, the stock more than tripled, but since has been lagging the S&P 500 by over 30%. With the stock now below its 40-week moving average, and the Relative Strength Indicator (RSI) and Chaikin Money Flow (CMF) both trending lower, Moreno predicted this stock could see a big move lower if it breaks down much further.

Another former market darling was Starbucks (SBUX - Get Report) , which displays a similar weekly pattern to Disney, with shares below their 40-week moving average and a weak RSI and CMF. Moreno felt if the stock crosses below $53 a share, the next stop for this Action Alerts PLUS name could be in the low-$40s.

Two other leaders were Under Armour (UA - Get Report) and General Electric (GE - Get Report) , the latter of which is also an Action Alerts PLUS holding. Moreno noted the MACD momentum indicator, along with the Chaikin, as worrisome for Under Armour, while General Electric could repeal its early-2016 gains if shares continue to hold current levels.

Cramer said he's not yet clear on whether Moreno's doom and gloom scenario will pan out, but he said investors certainly need to keep a close eye on these charts for a read on the market overall.

Why You Should Buy Apple

If it weren't for the downward pull of a declining market, Cramer said shares of Apple (AAPL - Get Report) would've been a lot higher. That's because rival Samsung's (SSNLF) exploding Galaxy Note 7 phones are a much bigger deal than most people realize.

Cramer said the fear of Samsung phones was palpable on a recent cross-country flight from San Francisco to New York he took as passengers eyed other passengers' phones, looking for the dreaded Galaxy logo. Cramer said frankly that he doesn't know why security is allowing these phones on flights at all given their combustible nature.

That's why Cramer reiterated that Apple, a core holding for Action Alerts PLUS, should be bought and held for the long term, as millions of Galaxy 7 owners now much choose from either an older Samsung phone or a brand new iPhone.

As for Samsung, Cramer said the liability from the phones themselves, along with the botched replacement program and subsequent recall could be endless. Not to mention the damage done to the company's reputation. With the news that Samsung has now abandoned Galaxy 7 production altogether, it could be months before the company has another device that's able to compete with Apple.

In the meantime, Cramer said he's adopted the "If you see something, say something" mantra when it comes to Galaxy Note 7's on airplanes.

Off the Tape

In his "Off the Tape" segment, Cramer welcomed John Zimmer, co-founder and president of the privately held ride sharing service Lyft, which received a $500 million investment from General Motors (GM - Get Report) to pioneer a fleet of self-driving vehicles.

In a recent report entitled The Road Ahead, The Third Transportation Revolution, Zimmer predicted car ownership will all but disappear in major cities by the year 2025. He explained that Americans spend $2 trillion a year on car ownership and a subscription model for transportation just makes more sense.

Zimmer added the American dream of transportation freedom is still alive and well, but younger Americans are just realizing that turning 16 and buying a car only gets them hours in traffic and $9,000 a year in expenses on average, for a vehicle that sits idle 96% of the time.

When asked about competition, Zimmer said ride sharing is similar to cell phones, where there will be more than one major network competing. Now that Lyft is operating at full capacity in over 200 cities, he said the goal is to provide a ride to everyone who wants one in less than three minutes. Lyft currently provides one million rides every two days.

Turning to the topic of self-driving cars, Zimmer said the technology is the most important trend not only for tech but for our economy overall and for city design. Imagine a city designed for people rather than cars, he said.

Lightning Round

In the Lightning Round, Cramer was bullish on Alibaba (BABA - Get Report) , Palo Alto Networks (PANW - Get Report) and Proofpoint (PFPT - Get Report) .

Cramer was bearish on Cabela's (CAB) , Overseas Shipholding Group (OSG - Get Report) , DDR Corp (DDR) , Waddell & Reed Financial (WDR - Get Report) and Fortinet (FTNT - Get Report) .

Off the Tape

In a second "Off The Tape" segment, Cramer sat down with Anil Chakravarthy, CEO of the Informatica, the data integration software company that was taken private last year for $5.3 billion.

Chakravarthy said the latest trend in big data is called data linking, combining a company's in-house datasources with third-party data to provide all sorts of new analysis that just couldn't be done previously. In the case of Walt Disney, an Informatica customer, that means combining existing guest information with real-time data from Disney's Magic Bands, which can tell where guests are in the park and how long they've been waiting in line.

Another big trend has been Amazon's web services, which allow data analysis to be done on an hourly basis as needed.

Cramer said while Informatica is privately held, it's important for investors to understand what big data really means.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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At the time of publication, Cramer's Action Alerts PLUS had a position in AA, AAPL, FB, GE and SBUX.